1. (i)This
society shall be called the “The Bihar State Scheduled Castes Co-operative Development
Corporation Limited” (here-inafter referred to as the Corporation ). Its Hindi
equivalent shall be fcgkj jkT; vuqlwfpr tkfr lgdkfjrk fodkl fuxe fy0 registered under the Bihar
and Orissa Co-operative Societies Act ( hereinafter referred to as Act). Its
registered office shall be at Patna.
In the event of any change in the registered address, notice of such change
shall be intimated to the Registrar Co-operative Societies, Bihar, Bihar
Co-operative Federation Ltd., Patna
and to The Bihar Co-operative
Bank, Patna.

(ii)The
area of operation of the Corporation shall be the whole of Bihar.

fuxe dk dk;Z&{ks= laiw.kZ
fcgkj gksxkA

AIMS
AND OBJECTS

¼ mÌs’; vkSj y{; ½

2.The main objects of the Corporation are.

fuxe ds fuEufyf[kr
eq[; mÌs’;gksxs %&

(i)To plan, promote, undertake and assist
programmes of agriculture development, animal husbandry, marketing, processing
supply and storage of agriculture products. Small Scale Industry, trade
business or any other activity which will enable its members to earn a better
living and help them to improve their standards of living.

(ii)To undertake a massive programme of
employment oriented agro industries, Cottage and Small Scale Industries,
Village Industries etc. by providing technical know-how, managerial assistance,
financial assistance, and any other form of assistance, which may be required
in achieving the above objective, providing the necessary financial guarantees
to its members.

(iii)To organize, supervise, assist, provide
technical guidance to and develop the business of District Scheduled Castes Co-operative
Societies, Industrial Co-operative Societies and other Co-operative
Institutions functioning for the benefit ofScheduled Castes and to co-ordinate and consolidate their activities.

(iv)To enter into all kinds of contracts
and transactions relating to Industrial produce of Industrial Co-operative,
with a view to the gradual elimination of middlemen and thus ensure fair wages
and shares in profit to the Scheduled
Castes workers.

(viii)To provide facilities for training to
the members of the Co-operative Organization and to grant such facilities scholarships
Organization and to grant such facilities scholarships and awards for research
or other purposes as would directly or indirectly help the Co-operative
movement among Scheduled Castes people in general.

(xii)To provide facilities for survey,
research or study of the problems relating to cottage and village industries,
small scale industries and scope of their development with a view to promote
such industries and business for the purpose of providing employment to the
members of the Scheduled Castes.

(xvi)Generally to purchase, take on lease or
in exchange hire or otherwise acquire and real and personal property and any rights
or privileges which the Corporation may think necessary or convenient for the
purpose of its business and in particular any land, buildings, machinery,
Plants and stock in trade.

(xvii)To receive grants, gifts, donations, loans,
advances other money in deposits, or otherwise from the Bihar Government or the
Government of India, any financing Bank as defined under the act or
Co-operative or Commercial Banks, Life Insurance Corporation of India,
Companies, Trusts or individual, with or without interest thereon in pursuance
of the above object.

(c)Other
Co-operative Societies of only the Scheduled Castes registered under the Act,
Provided that the Secretary or any other office bearer should not be a
Secretary and other Officer bearer in any other co-operative Society of the
Scheduled Castes.

(e)Nominal members person belonging to
Scheduled Castes and Scheduled Tribes who are eligible for benefits granted to
them by the Govt./other institutions under various aids, projects can be
enrolled as nominal members on payment ofRs. 50/-

4(a)Application
for admission as members and for allotment of shares shall be made to the
Managing Director of the Corporation in the form prescribed by the Corporation
for the purpose. Every such application shall be disposed of by the Board of
Directors which may grant admission and allot shares or refuse admission and
allotment. The allotment of share to members other than the State Government
shall be subject to such restrictions as to maximum holding as may be provided
in the Act in force.

(b)It
shall be open to the Corporation to allot shares to Government to any extent.

fuxe ljdkj dks fdlh Hkh gn rd 'ks;j vkoafVr dj ldsxkA

(c)Every allotteeof a shares shall be entitled to receive free
of charge as certificate for all the shares allotted at any time. Every such
certificate shall specify the number and denote the number of share or shares
allotted tothe recipient and the amount
paid therein.

(e)If any certificate of shares become
obsolete or is worn out defaced destroyed or lost or if there is no space left
on the back there of for endorsement of transfer, It may be renewed or replaced
on payment of such fees as the Board of Director may from time to time
prescribe provided, however, that such new certificate shall not be granted
except upon delivery of obsolete worn out defaced or used up certificate for
the purpose of cancellation or upon proof of destruction or loss to the
satisfaction of the Managing Director and on executing such identity as the
Managing Director may deem adequate in case of the certificate having been
destroyed or lost all such certificates issued shall be marked duplicate.

(b)If it intentionally does any act
likely to injure the credit or reputation of the Corporation or jeopardizes in
financial position provided that societies so disaffiliated may within one
month from the date of communication of the decision of disaffiliation prefer
any application to the Board of Directors for revision of its earlier decision
but shall not be entitled to exercise the rights and enjoy privileges of a
member or entitle to any dividend on shares from the date of its disaffiliation
till the Board of Director cancels its earlier decision. The share money paid
by the society so disaffiliated will be refunded after making there from adjustments
towards any debts or claims due to the Corporation.

8.Except
in cases covered by the bye-laws 6-9 no member shall be permitted to withdraw
any of the shares held by him in the Corporation at any time except with the
permission of the Board of Directors of the Corporation.

9.A
member society shall on liquidation cease to be a member of the Corporation and
the share capital held by it will be refunded to its duly appointed liquidator
after deducting there from debts or claims if any, due by the member society.

12.An
application for transfer of shares shall be made in the form prescribed by the
Board and accompanied by the certificate of shares to be transferred and with
such other evidence as may be required to prove the transfer.

13.The
Corporation shall have a first and paramount lien and right of forfeiture upon
all the shares held by a member and may at any time appropriate the share paid
in respect of share towards its debits, liabilities and engagement solely or
jointly with any other member or persons whether the period for payment,
fulfillment of discharge there of shall have actually arrived or not or expired
and such lien and right of forfeiture shall also extend to all the dividends
from time to time declared in respect of those shares.

17.Deposits and loans may be received by the
Corporation on such terms and conditions and to such an extent as may be determined
by the Board of Directors provided that the total of such loans and deposits
shall not exceed ten times the total amount of paid up share capital, reserve
fund, and other owned funds, provided further that the sums borrowed on pledge
of agricultural and other goods shall not be included in the borrowing limit
under this bye- laws.

19.(a)The
General Body shall ordinarily meet once every year as soon as may be after the
close of the co-operative year at such place and on such date as the Board of
Directors or the Chairman may fix. Such meeting shall be called the Annual
General Meeting in which all items of business as prescribed in the bye-laws of
the Corporation except the election of the members of the Board of Directors,
office bearers thereof and the delegates of the Corporation shall be
transacted.

(b)An Extraordinary General Meeting may be convened at any time by
the Board of Directors or on the requisition of not less than one-third of the
members of the Corporation and in the latter case, the Chairman shall call the
Extraordinary General Meetingwithin a
month from the date of receipt of requisition, provided the business of the
meeting shall not include the election of the members of the Board of
Directors, office bearers thereof and the delegates of the Corporation

(c ) If a requisitioned
general meeting as in (2) above is not called the Registrar, Co-operative
Societies, or any person authorised by him in this behalf, shall have the power
to call such meeting and the meeting so called shall deemed to be a meeting
called in accordance with bye-laws.

(d) The business to be
transacted at a requisitioned general meeting include all or any of the matter
with the General Body is competent to transact under the bye- laws irrespective
of whether such matters have been considered and decided in any- earlier
meeting.

(e)Not less than 15 clear days notice of any
general meeting shall be given to every member of the General Body. Such notice
shall specify the place, date and time of the meeting and the business to be
transacted there at and in the case of a special meeting convened on
requisition the notice shall contain the reason for calling such meeting.
Notice of Annual General Meeting shall also be sent to the Registrar,
Co-operative Societies, Bihar.

(f)Each member society shall at the time
of its admission membership and thereafter each year communicate to the
Corporation the name of single person from amongest its members duly nominated
in its meeting to re-present the
member society in the General Meeting of the Corporation. Such representative
on his ceasing to be a member of his society shall cease to represent it.

(g) The
election of the members of the Board of Directors, office bearers thereof and
the delegates of the Corporation shall be held in a Special General Meeting in
accordance with the provisions made in the Bihar Co-operative Societies Act and
the Bihar Co-operative Societies Rules as amended from time to time

21.(i)No
business shall be transacted in a meeting of the General Body unless a quorum
of at least one fifth or 100 ( one hundred) of the total number of member
societies ( which ever is less) is present at the meeting.

(ii)If within one hour from the time
appointed for the general meeting a quorum is not present, the Chairman of the
meeting shall adjourn it to such date, time and place as has been mentioned in
the notice for the meeting but a meeting called on the requisition of members
shall not be adjourned but dissolved.

22.(i)The
decision of the General Body on any matter placed before it shall be determined
by a majority of votes of the members present and voting of the meeting except
where otherwise provided under the Act and Rules framed there under or in these
bye- laws provided that in event of an equality of votes the person presiding
at the meeting shall give a second or casting vote. Provided further that such
a second or casting vote shall not be exercised for the election of members to
the Executive Committee which shall be decided by a draw of lots.

(iv)Subject to such instructions as may
from time-to- time be issued by the Registrar, the person presiding at the
meeting shall conduct the proceedings in such manner as may be conductive to expeditiousand satisfactory disposal of business and
shall decide all points of order at the meeting.

(ii)Proceeding
shall be placed before the next meeting for confirmation.

laiqf"V gsrq dk;Zokgh vxyh cSBd esa j[kh tk,xhA

BOARD
OF DIRECTORS

funs’kd eaMy

25.(a)The
executive management of the Corporation shall be vested in the Board of
Directors.

fuxe dk dk;Zikfydk
izca/ku funs’kd cksMZ esa lfUufgr gksxkA

(b)The
Board of Directors shall consist of members, including office bearers as
below

funs’kd cksMZ esa
in/kkjd] lfgr fuEufyf[kr lnL; gksaxs %&

(i)Chairman and thirteen Directors duly
elected-------------- Member

v/;{k rFkk
lH;d :i ls fuokZfpr rsjg funs’kd&lnL;A

(ii)Managing
Director duly appointed by the State Govt -------Member

jkT; ljdkj
n~okjk lE;d~ :i ls fu;qDr izca/k funs’kdlnL;A

(iii)Two
Directors duly nominated by the State Govt------------Member

jkT; ljdkj n~okjk lH;d~ :i ls uke fufnZ"V nks funs’kdlnL;A

(c) No representative of a member society shall
be eligible for being elected as aDirector if the member society is in default
to the Corporation with regard to any installment on the date of election.

26.Any vacancy occurring on the Board
from amongst the elected Directors may be filed up by the remaining Director on
the Board amongst the representatives of member societies of category in which
the vacancy occurred.

28.The Board of Directors shall meet
once in three months or as often as may be considered necessary. Atleast seven
days notice specifying the date, time, place and the business to be transacted
in the meeting shall be given to the Directors.

31-If
at the time appointed for the meeting there is no quorum the meeting shall stand
adjourned to such time, date and place as has been mentioned in the notice. If
no such date time and place has been mentioned the Chairman of the meeting may
adjourn it to another date time & place. For such adjourned meeting notice
of 3 days to all the Director shall be given.

34.All
subjects in the meeting of the Board except those where in decision are to be
by ballot in accordance with the rules framed shall be decided by a simple majority
of the votes by a show hands. In the event of there being an equality of votes,
the Chairman of the meeting shall have a casting vote in addition to hisordinary vote.

(iv)To
consider and submit to the General Body, audited profit and loss account,
balance sheet, audit report and annual report of the Corporation and recommend
to the General Body appropriation of net profits, the rate of dividend, rebate
and bonus to staff.

(xi)To
nominate person or persons to represent the Corporation on the general body.
Board of Director, Executive Committee or other Committee of members societies
or other societies to which the Corporation is affiliated.

(xiii)To
appoint Secretary, Addl. Secretary, Joint Secretary and otherofficers of the Corporation of the rank
equivalent to class I in Government and to suspend, remove dismiss or inflict
any other kind of punishment to such officers except those who are on
deputation to the Corporation.

(xvii)To
create and sanction branches of the Corporation at Regional, District,
Sub-division and Block or even at lower level, for the efficient management of
the working of the Corporation with arrangement and staffing pattern as the
Board may deem necessary and proper in the light of the need and financial
position of the Corporation.

36. (i)The Board of Directors may constitute one
or more Executive Committees each comprising of not more than 5 members of the
Board including the Chairman and the Managing Director out of which two shall
be representative of the member societies elected from amongst themselves.
TheChairman of the Corporation shall be
the Chairman of the Committee;

(iii)The member of the Executive Committee
shall hold office for the full term for which they are members of the Board or
till their successors are appointed and assume charge of office. An elected
member of the Committee shall cease to hold office if he absents himself from
three consecutive meetings of the Committee but he may be reinstated in office
by the Committee for sufficient reasons to be recorded in writing. An interim
vacancy caused by death, resignation or otherwise among the elected members of
the committee shall be filled up by the Board for the remaining period from
amongst the Directors of the same category.

38. (i) The Committee shall meet as often as the
business of the Corporation may require and in any case at intervals of not
more than two months. A notice of at least five days may be given to the
members before a meeting of the Committee is held. Not less than three members
shall form quorum. For adjourned meeting no quorum shall be necessary but one
day’s notice shall be given to the members. An emergent meeting of the
Committee may however be called at any
time to consider any urgent matter at three days notice.

39.The Chairman or in his absence one of
the members of the committee elected for the purpose, shall preside at all the
meetings of the Committee. Proceeding shall be recorded of the subject
discussed and decided at all the meetings of the committee.

41.The Managing Director of the
Corporation shall be appointed by the State Government on such terms& conditions as the State Government may
deem necessary and proper in the light of the financial position of the
Corporation.He shall be the Chief-
Executive Authority for the day-to-day working of the corporation and shall
work under the general control and supervision of the Board.

42The
Managing Director shall subject to the general control of the Board, be
responsible for the executive administration of the Corporation. He shall be
the officer to use and he sued on behalf of the Corporation. All bonds and
other legal documents executed in favour of the Corporation shall be executed
by him. He shall exercise such powers as the Board, the Executive Committee and
the Chairman may delegate to him from time to time an in particular, shall have
the following duties and powers :-

(i)To
guide and supervise the business of the Corporation in all matters

lHkh fo"k;ksa esa fuxe ds dk;ksZa dk ekxZn’kZu ,oa i;Zos{k.kA

(ii)To
exercise control and supervision on the administration of the Corporation.

fuxe ds iz’kklu ij fu;a=.k ,oa i;Zos{k.kA

(iii)To
appoint, as may be sanctioned from time to time by the Board and the Executive
Committee, all salaried staff of the Corporation except those mentioned in
clause (xiii) of bye-laws 35, in accordance with the rules, if any made in this
behalf by the Board with the approval of the Registrar,Co-operative Societies,

(v)To
suspend, remove, dismiss, fine or otherwise punish all salaried servants of the
Corporation except those mentioned in clause (xiii) of bye-laws 35 in
accordance with the rules, made in this behalf by the Board, with the approval
of the Registrar, Co-operative Societies.

(x)To
determine the powers and duties of the different categories of staff of the
Corporation including the Secretary. Addl. Secretary and Joint Secretary and to
delegate power and assign duties to them.

(xi)To
institute, conduct and defend legal proceedings by or against the Corporation
and to do allthings necessary in any
such legal proceedings in or before any court civil, criminal revenue or
authority and appoint legal advisors attorney or agents of the Corporation on
such terms as he thinks fit.

(xii)To
abandon and compromise or refer to arbitration any debts, claims or disputes or
legal proceedings by or against the Corporation or officers concerning the
affairs of the Corporation as may be decided by the Board and the Executive
Committee.

(xvi)To
execute and to do all acts, deeds and things in the name and on behalf of the
Corporation for acquiring or disposal of any property movable or immovable on
such terms as are sanctioned by the Executive Committee.

(xviii)To
endorse, sell, transfer, pledge or deal in any other manner Government
securities and other documents of title in the name and on behalf of the
Corporation as are approved by the Executive Committee.

(xxv)To
appoint person or persons to manage the affairs of any Co-operative Society the
management of which has been entrusted in the Corporation and to make such
changes from time to time as he thinks necessary.

(xxxviii)To generally do all acts and deeds and incur
such expenditure at any time which may be necessary in the interest or for
safeguarding the interests of the Corporation in any matterirrespective of whether such acts and deed
are expressly within his powers or not and all such acts done in good faith
shall for all intents and purposes be as valid as done by a competent
authority.

43.(a)The
Secretary and one or more additional or Joint Secretaries may be appointed by
the Board to assist the Managing Director in the Administration of the
Corporation. He shall work under the control of the Corporation. He shall work
under the control of the Managing Director and shall perform such duties and
have such powers as may be delegated to him by the Managing Director from time
to time.

(b)In
the event of the office of the Managing Director of the Corporation remaining
vacant for any reason what-soever the duties and powers to be exercised by him
under these bye- laws shall not withstanding anything contained to the contrary
in these bye-laws be exercised by the Secretary of the Corporation to such
extent as may be indicated by Board.

(c) Unless otherwise partially or
wholly exempted by the Registrar Co-operative Societies not less than 25% of
the net profit of any year shall be applied to the formation of reserve fund.
Theprevious year available profit for
distribution may be applied as follows :-

(i)-To
the payment of dividend which for every year shall not exceed 6-1/4% on the amount of paid up share capital
provided that no dividend shall be paid on share in respect of which any calls
have not been paid and provided that no larger dividend shall be declared than is
recommended by the Board.

(iii) To the payment of bonus to staff
not larger than that recommended by the Board.

deZpkfj;ksa dks cksMZ }kjk vuq’kaflr
ls vf/kd cksul ds Hkqxrkuesa]

(iv)Addition to any or all of the following funds :-

-27-

fuEufyf[kr fuf/k;ksa esa ls fdlh ;k lHkh ds ifjo)Zu esa %&

(a)Building funds.

Hkou fuf/kA

(b)Price fluctuation fund.

dher dh mrkj&p<+ko fuf/kA

(c)Staff Benefit fund.

deZpkjh ds ykHkkFkZ fuf/kA

(d)Any other fund as may be considered
necessary.

dksbZ vU;
fuf/k ftls vko’;d le>k tk;A

MISCELLANEOUS

izdh.kZ

46.The
Corporation may bring within the fold of its activities, the Scheduled Tribes
in the manner and to the extent desired by the Bihar State Scheduled Tribes
Co-op. Development Corporation and/ or the Government as the case may be
provided the same is within the general frame and scope of the Corporation.

47.Any Amendment to, alternation in,
addition to or cancellation of the bye-laws or the insertion ofa new bye-law or bye-laws shall be effected
on after it is passed at the meetings of the general body and shall come into
effect when registered by the Registrar Co-operative Societies. The notice
concerning the meeting shall specify the proposed amendment, alternation, addition
or cancellation.

48.All matters and specifically provided
for in these bye-laws shall be decided in accordance with the provisions of the
Act and Bihar Co-operative Societies Rules framed there under from time to
time.